UPV Digital RepositoryUPV-DRUniversity of the Philippines Visayas
 

Undergraduate Research Paper

Permanent URI for this collectionhttps://hdl.handle.net/20.500.14583/28

Browse

Filters

2013 - 20162

Settings

Degree: search.filters.degree.Bachelor of Arts in EconomicsSDG: search.filters.sdg.SDG 11 - Sustainable cities and communities

Search Results

Now showing 1 - 2 of 2
  • Thumbnail Image
    Item
    Foreign direct investment and economic growth of countries in Southeast Asia: A panel data approach
    Calvario, Aileen S.; Villaram, Arlene A. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2013-04)
    Since the boom of foreign direct investment that accompanied an overall economic upturn in many Asian economies in the late 1980’s and early 1990s, flows of FDI to Asian economies have attracted a significant attention to a number of FDI literatures that recognizes the contribution of FDI to economic growth of most developing countries in Southeast Asia. This study was conducted to determine the impacts of foreign direct investment on the economic growth of countries of Southeast Asia. The data were gathered from the World Development Indicators (WDI) and United Nation Conference on Trade Agreement and Development (UNCTAD). Fixed Effects, Random Effects, and Pooled OLS estimation procedures were employed to analyze the impacts of FDI on the economic growth of countries in Southeast Asia. Results showed that without trade openness, FDI has a positive and significant impact on economic growth of the nine Southeast Asian countries. However, after adding trade openness as regressors in the model, results showed that FDI still has positive but not statistically significant impact on the economic growth of countries in Southeast Asia.
  • Thumbnail Image
    Item
    The economic cost of motorcycle accidents in Iloilo City
    Brodit, Vyel Marie C.; Maghopoy, John Martin F. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-06)
    The increasing number of motorcycle accidents in the Philippines is a serious concern. Every accident involves costs, especially among the people involved. Using the Human Capital Approach, this study estimated the cost of motorcycle accidents in Iloilo City, focusing on the cost incurred by those involved in the accident, including the motorist, the passenger of the motorist, the driver of the other vehicle, and the pedestrian. Costs were also estimated according to the severity of the injury. Cost data were collected from 101 study participants who were involved in 92 separate motorcycle accidents in Iloilo City in 2015. The costs estimated include medical costs, productivity loss, property damages, accident settlement, other costs, and pain and suffering. Results show that the total cost of the motorcycle accident was P82,507,768.25 or P26,377.16 per accident victim. The motorists incurred the largest cost at P36,897.51 per victim and the passengers incurred the least cost at P 6,910.93 per victim. The medical expenses comprised 46 percent of the total cost, highlighting how motorcycle accidents pose a grave threat to health and to the household economy. Seriously injured victims incurred P170,594.98 per accident, while victims with minor injuries incurred P 9,002.29 per accident. The study recommends for: 1) strict enforcement of road safety and traffic rules and regulation; 2) identification of areas where motorcycle accidents are common and studying the physical layout of the area that could have contributed to the accidents; 3) studying the factors contributing to motorcycle accidents; 4) including the cost of motorcycle accidents on society in future similar studies; and 5) the estimation of the optimal number of motorcycles on the road, which could guide traffic program design.